A recession likely to occur...

Discussion in 'Current Events' started by Arkanis, Jun 19, 2019.

  1. Paul7

    Paul7 Well-Known Member

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    So things were better when Obama was POTUS, huh?
     
  2. Paul7

    Paul7 Well-Known Member

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  3. struth

    struth Well-Known Member

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    Let me be fair I don’t credit trump totally. I credit the American people for getting the Dems out of congess, once that happened we saw some changes. Trump only deserves credit for working with them.
     
  4. Wild Horses

    Wild Horses Well-Known Member

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    Then why did the majority of foreclosures happen in non CRA neighborhoods? You can't blame everything on poor people. Sometime greedy people with money **** things up too.
     
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  5. yardmeat

    yardmeat Well-Known Member

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    I don't credit the Dems or Trump. But the trends for these metrics started when Dems had control of the WH and both houses of Congress. The fact that the trend continued even while power changed hands is part of why I don't credit either of them.
     
  6. struth

    struth Well-Known Member

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    No they didn’t! You should credit the Dems! When the Dems had congess and the White House they had double digit unemployment and went on how this was the new normal! Hahhahaha
     
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  7. yardmeat

    yardmeat Well-Known Member

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    Read the graphs, most of the trends started in 2010 and have continued until today. Laughter is not a replacement for homework.
     
  8. BestViewedWithCable

    BestViewedWithCable Well-Known Member

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    Trump's the guy you want when economy chips are down, and up.

    Every democrat policy from every democrat candidate is anti-economy.
     
    Last edited: Jun 20, 2019
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  9. BestViewedWithCable

    BestViewedWithCable Well-Known Member

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    yeah, thats what i said.
     
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  10. BestViewedWithCable

    BestViewedWithCable Well-Known Member

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    hahahahhaaha go post that pic in the humor section, before I do
     
  11. yardmeat

    yardmeat Well-Known Member

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    No, he isn't. There's a reason why over 1,000 economists, including over a dozen Nobel laureates, have been warning us about his mistakes. Dude doesn't even know how tariffs and trade deficits work and that's econ 101. His protectionist policies, many of which he's borrowed from the far left, are anti-economy.
     
  12. Blaster3

    Blaster3 Well-Known Member

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    yep, around here modifications & foreclosures on multi-million dollar properties is commonplace
     
  13. LogicalParty

    LogicalParty Well-Known Member

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    Im sure this is exactly what is going to happen...Its going to start right at the end of when hes in office then he can play the Blame game the rest of his life and that it wasnt his fault and RW can blame the next president the whole time he is cleaning up the giant mess Trump left
     
    Last edited: Jun 20, 2019
  14. Blaster3

    Blaster3 Well-Known Member

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    recessions, much like climate, are cyclical... up-down-up-down, cold-warm-cold-warm, it's normal... nothing to lose your mind over nor syndrome about ;)
     
    Last edited: Jun 20, 2019
  15. BestViewedWithCable

    BestViewedWithCable Well-Known Member

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    [​IMG]

    Trumps the dude
     
  16. yardmeat

    yardmeat Well-Known Member

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    What Trump said about the trade deficit is magnitudes more economically ignorant than anything Krugman has said. He honestly believes we'd be richer if we didn't trade with anyone. I can't think of anything any President has ever said that matches this level of economic stupidity. And it is driving his unconstitutional tariffs.
     
  17. Wild Horses

    Wild Horses Well-Known Member

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    Before the crash I was looking into purchasing a house. The lender that I spoke to was literally trying to force an ARM loan on me for three times what I knew I could afford. I told him I can't afford that. He assured me I could. I said what happens when the rate adjusts? He said then you just refinance. The smartest decision I ever made was telling that guy I wasn't interested and don't contact me again.
     
    Last edited: Jun 20, 2019
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  18. BestViewedWithCable

    BestViewedWithCable Well-Known Member

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    Reality has yet to be fully realized.
     
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  19. yardmeat

    yardmeat Well-Known Member

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    Time will not change the fact that trade deficits are not actual net monetary losses. That's the reality.
     
  20. struth

    struth Well-Known Member

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    What happened in 2010? The biggest flip, in history, of the gop wining seats
     
  21. BestViewedWithCable

    BestViewedWithCable Well-Known Member

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    Thank God we got Trump. Hillary and pals would be blowing Xi right now.
     
  22. yardmeat

    yardmeat Well-Known Member

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    Meanwhile, back in economic reality, Trump is still dead wrong. But by all means, keep avoiding any actual conversation about economics for nonsense like the above.
     
  23. yardmeat

    yardmeat Well-Known Member

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    In November of 2010. And none of those GOP seats actually got filled until 2011. Your math is still broken. During 2010, the GOP did not have control of any branch of government and they had fewer seats than they had in decades.
     
    Last edited: Jun 20, 2019
  24. BestViewedWithCable

    BestViewedWithCable Well-Known Member

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    and democrats attempted to lie to the entire country about their healthcare, and lost the trust of the American people. Democrats should be blowing Trump for reestablishing trust in the government.

    Seriously.
     
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  25. yardmeat

    yardmeat Well-Known Member

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    Yet another attempt to dodge the conversation and scramble to change the subject . . . and again with the fellatio. I love how you think attacking capitalism and the Constitution is "reestablishing trust in the government," though. Who do we have to "blow" to get Republicans to care about free market principles and the Constitutional separation of powers again?
     

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